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Prices of construction and technology metals continue to rise, as well as fertilizers
Written by Evelyn Alas
According to an article by the World Bank (WB), most of the prices of base metals and agricultural inputs such as fertilizers continue to rise, driven by the global economic recovery, while production has been affected by energy shortages and confinements.
Thanksgiving holiday visitation up compared to 2019
Written by Evelyn Alas
The Ministry of Tourism (MITUR), indicated that compared to 2019, this 2021 the percentage of tourists traveling to El Salvador from the U.S. for the Thanksgiving holiday, is 51% more, data that was provided by ForwardKeys, a company that provides information to tourism organizations interested in knowing who travels where, when and for how long.
Economic expert points out that country risk has had a historic increase as of november 2021
Written by Evelyn Alas
The Economics expert of the Fundación Salvadoreña para el Desarrollo Económico y Social (FUSADES), Álvaro Trigueros, informed through his Twitter account about the historical increase of country risk (EMBI) that El Salvador has registered, with respect to the average of Latin America.
Fruits and vegetables have suffered price increases during the month of november 2021
Written by Evelyn Alas
El Salvador is going through a period of increases in some foods of the basic food basket, for example in the case of fruits and vegetables. In the case of tomato for cooking in june 2021 the unit cost US$0.10, now the value of the fruit has increased to US$0.16, the cost of a hundred of this fruit is now around US$35.00, being a factor that is affecting the pocket of salvadorans.
Salvadoran economy to grow at 10.3% according to BCR
Written by Evelyn Alas
The President of the Banco Central de Reserva (BCR), Douglas Rodriguez gave a press conference to inform about the new economic growth projection for El Salvador 2021 and the results of foreign trade and remittances, as of october of this year.
Tatiana vessel arrives in El Salvador to transport natural gas to the Central American region
Written by Evelyn Alas
Tatiana is the first liquefied natural gas carrier in the Central American region. The vessel arrived at the Port of Acajutla, in Sonsonate to remain permanently anchored on the coast of the Pacific Ocean. An average of US$1,000 million was invested in this project.
Gasoline to drop between US$0.01 and US$0.03 in the next 15 days
Written by Evelyn Alas
Fuel prices will have a slight decrease in average of US$0.01 and US$0.03 that will be in effect from november 16 to 29, 2021.
“Ley de Facilitación de Compra en Línea sin Fines Comerciales " will seek to facilitate customs duties for consumers
Written by Evelyn Alas
The Economy Commission issued a favorable opinion for the creation of the " Ley de Facilitación de Compra en Línea sin Fines Comerciales ", which will go to plenary session next week, with the purpose of facilitating the payment of customs duties for purchases without commercial purposes.
In six Latin American countries, including El Salvador, poverty increased 6 points or more
Written by Evelyn Alas
The Fundación Ciudadana por un Consumo Responsable (FCCR), after analyzing the document "Social Panorama of Latin America 2020" prepared by the Economic Commission for Latin America (ECLAC), has found comparative information of 10 countries in the region: Bolivia, Colombia, Costa Rica, Ecuador, El Salvador, Honduras, Panama, Peru, Dominican Republic and Uruguay and as a result of the review has identified the increase of poverty by more than 6 points in several of these countries.